Agri Business

Rice demand sluggish on unstable weather

Our Correspondent Karnal | Updated on April 12, 2011

rice





Rice market witnessed a steady trend and prices ruled without much change on Tuesday.

There was not much buying in the market, prices of basmati varieties were ruling with marginal variations, while the prices of non-basmati were flat, said Mr Amit Chandna, proprietor of Hanuman Rice Trading Company.

Due to unstable weather, domestic demand has got sluggish and traders are not getting the expected levels of orders. Market may continue to rule on current levels in this week, he added.

Pussa 1121 rice (steam) ruled at Rs 5,150-5,375 a quintal, Pusa-1121(sela) was quoted at Rs 4,150-4,350, and Pusa-1121(raw) was at Rs 5,100-5,155. Prices of duplicate basmati quoted at Rs 3,700-4,070 a quintal while Pure Basmati (Raw) ruled at Rs 7,500-7,520.

Brokens such as, Tibar was quoted at Rs 3,050-3,350, Dubar at Rs 2,350-2,600 and Mongra at Rs 1,850-2,125.

Sharbati (steam) was quoted at Rs 3,030-3,080 while the Sharbati (Raw) was at Rs 2,800-2,925 a quintal.

PR-11 (sela) ruled at Rs 2,020-2,075 and PR-11(Raw) was quoted at Rs 2,000-2,150 a quintal. Permal (sela) quoted at Rs 1,650-1,920 a quintal while Permal (Raw) traded at Rs 1,800-1,900. For the brokens of Sharbati variety, Tibar was quoted at Rs 2,350-2,375, Dubar was at 2,100-2,140 and Mongra was at Rs 1,425-1,450.

Published on April 12, 2011

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